Rapyd
Rapyd is a UK (outside the EU/EEA) fintech-infrastructure provider (Payment gateway, Cross-border payments / FX, IBAN sponsor). Verified at source - licence, regulator and registry reference. Active
Who it's for
Rapyd is built for merchants and platforms accepting online payments with the local methods European customers expect. It holds its own e-money licence, so programmes can run under its umbrella with safeguarded client funds. Verified stand-outs: local IBANs in GB, DE, DK.
Sovereignty profile
- Data residency (EEA): Yes - hosted in the EEA - GDPR / CLOUD Act safe
- Company origin: UK (UK)
- Local IBANs: GB; DE; DK
- Client funds: safeguarded (segregated at a credit institution) - ring-fenced from creditors, not deposit-guaranteed
What Rapyd does
Capabilities & rails
- 🛤️ Payment rails (documented): SCT
- Account model: Virtual
- Account currencies: EUR; GBP; USD; CHF; PLN; CZK; SEK; NOK; DKK; HUF; RON
Verified licence profile
Rapyd (London, UK; Israeli-founded, 2016) - fintech-as-a-service: global acquiring, payouts and wallets. EEA licence via Rapyd Europe (Iceland EMI) after acquiring Icelandic acquirer Valitor (USD 100m, 2022); also bought PayU GPO (USD 610m, 2023). Register-sourced: E-money institution (EMI), Central Bank of Iceland, ref 5006830589; passported to 30 EEA states. Offers virtual IBANs (vIBAN) in Europe via Rapyd Virtual Accounts - local collection accounts in 40+ countries. Virtual-account docs list GB/DE/DK IBANs (DE reaches 36 SEPA countries).
Verified 2026-07-19. How we verify → · Spotted something out of date? Report a correction. · Are you Rapyd? Work with us →
Official register entries
- E-money institution (EMI) - Central Bank of Iceland · Ref 5006830589 · Active (EBA PSD2 register, as of 2026-07-18)
- E-money institution (EMI) - Central Bank of Iceland · Ref 4306023650 · Active (EBA PSD2 register, as of 2026-07-18)
- E-money institution (EMI) - Financial Conduct Authority (FCA) · Ref 900688 · Active (FCA Financial Services Register, as of 2026-07-18)
Register-sourced. See the full European Fintech Index. Registers have no legal significance - always confirm current status with the home regulator.
Timeline
- 2023 [m&a] Acquired PayU GPO (USD 610m)
- 2022 [m&a] Acquired Valitor (USD 100m)
European alternatives to Rapyd
🏦 Local IBANs: LT
Paysera (Lithuania; since 2012) - LT IBANs, SEPA, multi-currency accounts and cards. EMI LB000251 (Bank of Lithuania).
🏦 Local IBANs: NL
Adyen (Netherlands) - global acquiring, card issuing and banking; Adyen Issuing offers BIN sponsorship for platforms plus business accounts with NL IBANs. Credit institution (bank), DNB; passported across the EEA (CRD IV). A rare EU-HQ global processor. Agentic-ready - named partner in Mastercard Agent Pay (AI-agent commerce).
🏦 Local IBANs: GB DE LU
Banking Circle S.A. (Luxembourg) - cross-border banking, accounts, payments and settlement for banks, PSPs and fintechs; issues the EURI euro stablecoin. Credit institution, CSSF (LUB00000408); not the unrelated 'Circle Group S.A.'.
🏦 Local IBANs: ES GB BE
EMI FCA (Ebury Partners UK) + Ebury Partners Belgium (EEA) + Spain branch (Bank of Spain reg 6889); own-IBAN accounts; majority Santander.
🏦 Local IBANs: CY
ECOMMBX (Cyprus) - business IBAN accounts in the company's own name, cross-border payments, cards, acquiring and multi-currency (ECOMMVERSE platform). Cypriot EMI (Central Bank of Cyprus).
🏦 Local IBANs: LT
Genome (UAB Maneuver, Lithuania; since 2018) - LT IBANs, accounts and cards. EMI LB000453 (Bank of Lithuania).
FAQ
Is Rapyd European / EEA-based?
Yes. Rapyd hosts data in the EEA (GDPR / CLOUD Act safe); origin UK, UK.
What does Rapyd do?
Rapyd covers: Payment gateway, Cross-border payments / FX, IBAN sponsor. Verified at source by Fintechnologica.